<p class="MsoNormal">The <b>Directorate General of Shipping (DG Shipping)</b>
convened a high-level strategic summit with an industrial delegation from the <b>Associated
Chambers of Commerce and Industry of India (ASSOCHAM)</b>. The public-private
alignment targeted systemic solutions for the operational and commercial
challenges currently pressuring Indian exporters and importers, focusing
heavily on mitigating ocean freight volatility and terminal operational
overheads.<o:p></o:p></p><p class="MsoNormal"><b>Addressing Commercial Bottlenecks & Surcharges<o:p></o:p></b></p><ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b>The
Leadership</b>: The strategic talks were anchored by Shri Shyam
Jagannathan, IAS (Director General of Shipping), alongside Ravi Gupta,
Chair of the ASSOCHAM National Council on Exports and Trade and Executive
Director at Shree Renuka Sugars. <o:p></o:p></li>
<li class="MsoNormal"><b>Core
Commercial Focus</b>: Industrial delegates presented data regarding
shifting global ocean freight trends, pushing for regulatory visibility
and transparency regarding additional line fees. Specifically, discussions
zeroed in on standardizing structural <b>fuel surcharges</b> and <b>terminal
handling charges (THC)</b> levied by global container shipping lines
across Indian gateway ports. <o:p></o:p></li>
<li class="MsoNormal"><b>Cost
Stability</b>: The group evaluated collaborative intervention models to
insulate localized micro, small, and medium enterprises (MSMEs) from
predatory pricing spikes and inconsistent container allocation protocols
amid ongoing international supply chain disruptions.<o:p></o:p></li>
</ul><p class="MsoNormal"><b>Trade Facilitation & Structural Reforms<o:p></o:p></b></p><p class="MsoNormal">
</p><ul style="margin-top:0cm" type="disc">
<li class="MsoNormal"><b>Operational
Modernization</b>: Beyond immediate pricing concerns, the summit outlined
joint administrative avenues between DG Shipping and ASSOCHAM to drive
trade facilitation, eliminate redundant maritime documentation, and
leverage digital terminal platforms to decrease turnaround times.<o:p></o:p></li>
<li class="MsoNormal"><b>Public-Private
Frameworks</b>: Moving forward, both entities pledged to establish
continuous, fast-track communication loops. The goal is to cultivate a
highly resilient, globally competitive, and predictable maritime logistics
ecosystem to support India’s long-term export scaling ambitions. <o:p></o:p></li>
<li class="MsoNormal"><b>Key
Delegated Entities</b>: The private sector panel included corporate
commanders from major industrial conglomerates, notably Milind Hardikar
(Chair, ASSOCHAM Maharashtra State Council & Director of Group
Strategic Initiatives, Welspun World) and Rahul Singh (General Manager,
Welspun Group). <o:p></o:p></li>
</ul><ul style="margin-top:0cm" type="disc">
</ul>
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